Items tagged with ethereum
Wouldn't it be great if cryptocurrency mining had absolutely zero impact on the shortage of PC graphics cards? The answer will depend on who you pose that question to, and the actual situation is far more nuanced than it suggests. However, if you're of the opinion that mining should solely be performed on ASIC...
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A major update headed to the Ethereum blockchain is supposed to be great news for PC gamers, as it would virtually eliminate the demand for GPUs from Eth miners. And it was supposed to happen in December. Unfortunately, the developers overseeing the full transition to Ethereum 2.0 feel the update is not quite ready...
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Cryptocurrency mining is not going to fall by the wayside anytime soon, not when Bitcoin is setting new highs in value, and Ethereum holding the line at around $4,000. As it applies to the latter, and other forms of cryptocurrency that are still mined with GPUs, NVIDIA's CMP (Crypto Mining Processor) HX series of...
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If you woke up one morning to millions of dollars worth of cryptocurrency in your account, would your first thoughts be about returning the money from whence it came? It's something to ponder, but regardless hundreds if not thousands of users on the Compound Finance platform found themselves in this moral predicament...
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Late last month, we saw the first images of an alleged Navi 21-based RDNA 2 cryptocurrency mining card. Although we couldn't determine what exact GPU was being used, Navi 21-based Radeon RX cards have Ethereum hash rates ranging from 61 MH/s for the Radeon RX 6800 to 65 MH/s for the Radeon RX 6900 XT.
Now, another...
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Late last year, when we first heard about the NVIDIA GeForce RTX 3080 Ti, it was rumored that the card would debut with 20GB of GDDR6X memory. However, at launch, the card instead featured 12GB of GDDR6X compared to 10GB for the standard GeForce RTX 3080.
Apparently, there was some truth to those early rumors, as...
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There is a lot of blame to go around for the current dearth of graphics cards available in the retail channel. Despite companies like NVIDIA and AMD pumping out record numbers of GPUs, incredible demand still results in shortages that NVIDIA CEO Jensen Huang says will continue through 2022. There's also a lot of...
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It seems unreal that GPU inventories are still short for enthusiasts nearly a year after the release of the GeForce RTX 30 and Radeon RX 6000. Some gamers have been lucky enough to purchase new graphics cards at MSRP via promotions like the Newegg Shuffle or Best Buy's in-store GeForce events. Still, others have caved...
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NVIDIA addressed the Ethereum market earlier this year with the launch of Crypto Mining Processor (CMP) HX Series cards. The company also locked down its latest mainline GeForce RTX 30 cards with a Light Hash Rate (LHR) mining limiter. Now, it’s alleged that AMD is looking to get in on the dedicated Ethereum mining...
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Some kids do extra household chores, open up lemonade or baked goods stands, or recycle bottles to earn a bit of cash. Others get involved in cryptocurrency mining. Two siblings in Frisco, Texas have started their own cryptocurrency mining company and are making more than $30,000 a month.
Fourteen year old Ishaan...
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One of AMD's add-in board partners, Sapphire, appears to have released a graphics card for cryptocurrency mining that is equipped with not one, but two Radeon RX 570 GPUs, if a new leak is not pulling our collective legs. Sapphire has made no such announcement, mind you, possibly because it wants to keep the release...
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Yesterday, criminal hackers stole approximately $600 million in varying cryptocurrencies from the PolyNetwork, a blockchain interoperability company. Now, in an interesting turn of events, the hackers have begun returning the stolen funds in what was to be one of the biggest cryptocurrency thefts ever.
As it stands...
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Is AMD's newly minted Radeon RX 6600 XT the most efficient cryptocurrency mining graphics card ever produced? It is probably too early to tell (considering the card only released to retail today), but according to a set of cryptocurrency mining hash rates and energy consumption figures posted to Reddit, it is the...
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As the user base for cryptocurrency grows, so too do politicians and regulators looking to stymie the situation due to taxation and illicit activity concerns. Now, President Biden has backed a plan to tax proof-of-stake cryptocurrencies such as Ethereum via an amendment to a major bill advancing in the U.S...
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It appears that illegal electricity theft and cryptocurrency mining go hand in hand, as the Ukrainian Security Service (SBU) reported that it has shut down a massive crypto-farm stealing electricity. Comprised of thousands of consoles and hundreds of graphics cards, the farm was seized from an old warehouse...
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In early May, MSI delivered its first Ethereum mining card from NVIDIA’s Cryptocurrency Mining Processor (CMP HX) GPU family. The headless card was called the CMP 30HX Miner XS and is based on the GeForce GTX 1660 Super GPU.
This time around, however, MSI is moving up the performance ladder in the CMP family with the...
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In May, China began a cryptocurrency crackdown that kicked off a mass exodus of digital miners from the country. Since then, this crackdown has continued and even been reaffirmed as of late with several major mines' shutdown. This has put cryptocurrencies like Bitcoin and Ethereum into a tailspin, and it is hard to...
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NVIDIA is hoping that applying a hash rate limiter to some of its graphics cards will help get more units in the hands of actual PC gamers, rather than miners, who the company is serving with CMP HX parts. The newly minted GeForce RTX 3080 Ti is one of those cards. It is not a great option for mining Ethereum...
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We're just days away from the official unveiling of the GeForce RTX 3080 Ti and RTX 3070 Ti, which means that leaks are occurring more frequently. Earlier this morning, we were made privy to the [alleged] full specifications of the GeForce RTX 3080 Ti. We're now learning about how its Ethereum mining performance has...
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NVIDIA's GeForce RTX 3060 was the first Ampere graphics card to introduced a cryptocurrency limiter. In early testing, the limiter gradually reduced the hash rate of the GPU arm around 41 MH/s to 26 MH/s or lower, in the hopes of making them less attractive to Ethereum miners. However, enthusiasts quickly found...
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It has been a tumultuous week for cryptocurrencies as many of the major coins have taken a nosedive off a cliff, such as Bitcoin sitting at $34,000 at the time of writing. As this is happening, many crypto exchanges, like Binance and Coinbase, are feeling the pressure and may be struggling for it. Citing issues like...
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Hey, good news everyone—the GPU shortage is over! Just kidding, you still can't find a graphics card in stock (not from a first-party seller at a fair price, that is). I know, I know, what an insensitive intro, my apologies. However, there is actually some good news, related to GPUs. Ethereum is aiming to become much...
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